DUBAI / WAM The Ministry of Human Resources and Emiratisation (Mohre) announced that it will hold more on-site and virtual meetings with Emirati citizens working for private sector companies at their workplaces, to monitor their situations. The visits are part of the work of a committee formed by the ministry in March 2020 to support the employment stability of UAE ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, has directed all district cooling companies to reduce the fuel surcharge for electricity from 6.5 to 5 fils for kilowatt hour and for water from 0.6 to 0.4 fils for Imperial Gallon, and to fully implement this reduction in their customers’ bills ...

Bloomberg The Finance Ministry of the world’s biggest energy exporter has started preparing for the possibility of lower budget revenues in case global oil demand declines sooner than expected. “The peak of consumption may have already passed,” Deputy Finance Minister Vladimir Kolychev said in an interview in Moscow. “The risk is rising in the longer term” that hydrocarbon revenues could ...